Transportation Stocks On The Rise With Help From 3 Stocks

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 16 points (0.1%) at 16,738 as of Wednesday, June 4, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,399 issues advancing vs. 1,611 declining with 145 unchanged.

The Transportation industry currently sits up 0.7% versus the S&P 500, which is up 0.1%. A company within the industry that increased today was Delta Air Lines ( DAL), up 2.5%.

TheStreet would like to highlight 3 stocks pushing the industry higher today:

3. Ryanair Holdings ( RYAAY) is one of the companies pushing the Transportation industry higher today. As of noon trading, Ryanair Holdings is up $1.00 (1.8%) to $57.91 on light volume. Thus far, 75,302 shares of Ryanair Holdings exchanged hands as compared to its average daily volume of 315,800 shares. The stock has ranged in price between $57.87-$58.32 after having opened the day at $58.14 as compared to the previous trading day's close of $56.91.

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, continental Europe, and Morocco. Ryanair Holdings has a market cap of $15.9 billion and is part of the services sector. Shares are up 21.3% year-to-date as of the close of trading on Tuesday. Currently there are 2 analysts who rate Ryanair Holdings a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Ryanair Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, growth in earnings per share and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Ryanair Holdings Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

2. As of noon trading, Canadian Pacific Railway ( CP) is up $3.02 (1.8%) to $174.48 on heavy volume. Thus far, 1.0 million shares of Canadian Pacific Railway exchanged hands as compared to its average daily volume of 695,600 shares. The stock has ranged in price between $172.30-$174.98 after having opened the day at $172.58 as compared to the previous trading day's close of $171.46.

Canadian Pacific Railway Limited, through its subsidiaries, operates a transcontinental railway in Canada and the United States. The company provides logistics and supply chain expertise services. Canadian Pacific Railway has a market cap of $29.7 billion and is part of the services sector. Shares are up 13.3% year-to-date as of the close of trading on Tuesday. Currently there are 11 analysts who rate Canadian Pacific Railway a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Canadian Pacific Railway as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Canadian Pacific Railway Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading, CSX ( CSX) is up $0.16 (0.6%) to $29.22 on average volume. Thus far, 2.3 million shares of CSX exchanged hands as compared to its average daily volume of 6.0 million shares. The stock has ranged in price between $28.97-$29.25 after having opened the day at $29.04 as compared to the previous trading day's close of $29.06.

CSX Corporation, together with its subsidiaries, provides rail-based transportation services in the United States and Canada. It offers traditional rail services, and transports intermodal containers and trailers. CSX has a market cap of $29.7 billion and is part of the services sector. Shares are up 1.0% year-to-date as of the close of trading on Tuesday. Currently there are 7 analysts who rate CSX a buy, no analysts rate it a sell, and 14 rate it a hold.

TheStreet Ratings rates CSX as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full CSX Ratings Report now.

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the transportation industry could consider iShares Dow Jones Transportation ( IYT) while those bearish on the transportation industry could consider ProShares UltraShort Industrials ( SIJ).

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